Commercial Property
Soilbuild REIT DPU dips 1.8% to 1.37 cents in Q3
Revenue from its 72 Loyang Wang property fell by $1.7m as it struggles to find tenants.
Soilbuild REIT DPU dips 1.8% to 1.37 cents in Q3
Revenue from its 72 Loyang Wang property fell by $1.7m as it struggles to find tenants.
Frasers Centrepoint Limited buys three German companies
The total price of the purchase is $67.83m.
Two mixed-use properties' en bloc sales launched this week
Jalan Besar Plaza will be sold for $390m, whilst Tai Wah Building is priced $81m.
Ascott REIT acquires Ascott Orchard Singapore
It was purchased at $405m.
CapitaLand forms 80% owned subsidiary
It will hold investments for the firm.
SPH REIT DPU up 0.7% to 1.42 cents in Q4
This was driven by higher rental income from both Paragon and The Clementi Mall.
SingPost Centre reopens with doubled retail space
It will also host the new General Post Office.
CDL unveils offer for Millennium & Copthorne
The deal would value the hotel group at about $3.2b.
GLP predicted to privatise by April 2018
Shareholders could receive $3.38 per share.
Daily Briefing: SATS trades near 52-week low; Vertex Ventures closes tech fund at $286.6m
And here are four local REITs that only own properties abroad.
MLT raises $640m from equity fundraising
It sold over 359.9 million new units.
Frasers Centrepoint Limited incorporates two subsidiaries
They will focus on property management.
Keppel acquires 50% stake in manager of upcoming US IPO
The firm was acquired for $37.5m.
Uptick in land bids not sustainable: REDAS president
No thanks to ageing demographics and heightened cooling measures.
Tuas South Link 2 industrial site bought for $2.8m
The project is expected to be completed in 5 years.
Goh Boon Kok steps down as Pan Asian Holdings' director
He decided to retire to pursue other personal interests.
Yanlord forms three new companies in Singapore
All will focus on investment holding.
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